UK pay growth slows but remains high for Bank of England Growth in wages for workers in Britain slowed in the three months to the end of May but remained at levels that would normally be too high for the Bank of England to keep inflation at its 2% target. Business • 18 Jul 24
UK pay growth slows but remains high for Bank of England Growth in wages for workers in Britain slowed in the three months to the end of May but remained at levels that would normally be too high for the Bank of England to keep inflation at its 2% target. Business • 18 Jul 24
UK wage growth slows again but BoE set to remain on alert British pay grew at the weakest pace in more than a year at the end of 2023 but the labour market slowdown was probably not significant enough to spur the Bank of England into quicker action towards cutting interest rates. Business • 13 Feb 24
UK wage growth slows again but BoE set to remain on alert British pay grew at the weakest pace in more than a year at the end of 2023 but the labour market slowdown was probably not significant enough to spur the Bank of England into quicker action towards cutting interest rates. Business • 13 Feb 24
UK wages growth slows to 6.6% in 3 months to November British wages grew at the slowest pace in almost a year, according to official data published today that added to signs of a gradual cooling of the inflationary pressure in the labour market that has worried the Bank of England. Business • 16 Jan 24
UK wages growth slows to 6.6% in 3 months to November British wages grew at the slowest pace in almost a year, according to official data published today that added to signs of a gradual cooling of the inflationary pressure in the labour market that has worried the Bank of England. Business • 16 Jan 24
UK basic wage growth hits record, adding to BoE worries British wages, excluding bonuses, were a record 7.8% higher than a year earlier in the three months to June, official figures from showed today. Business • 15 Aug 23
UK basic wage growth hits record, adding to BoE worries British wages, excluding bonuses, were a record 7.8% higher than a year earlier in the three months to June, official figures from showed today. Business • 15 Aug 23
Sterling bounces off five-month low against the euro Sterling pulled away from five-month lows against the euro today after UK wages in the three months to April rose faster than expected. Business • 11 Jun 19
Sterling bounces off five-month low against the euro Sterling pulled away from five-month lows against the euro today after UK wages in the three months to April rose faster than expected. Business • 11 Jun 19
UK pay data beats forecasts, employment growth slows UK wages in the three months to April grew faster than expected and hiring slowed less sharply, as the jobless rate held at its lowest rate since 1975, official figures showed today. Business • 11 Jun 19
UK pay data beats forecasts, employment growth slows UK wages in the three months to April grew faster than expected and hiring slowed less sharply, as the jobless rate held at its lowest rate since 1975, official figures showed today. Business • 11 Jun 19
UK workers see strongest pay growth in nearly 10 years Workers in Britain saw their basic wages rise at the fastest pace in nearly a decade over the summer months, backing up the Bank of England's view that a long period of weak pay rises is ending. Business • 16 Oct 18
UK workers see strongest pay growth in nearly 10 years Workers in Britain saw their basic wages rise at the fastest pace in nearly a decade over the summer months, backing up the Bank of England's view that a long period of weak pay rises is ending. Business • 16 Oct 18